| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $44M | $39M | -6.4% | 5.7% |
| Op. Income | -$454.0K | $854.0K | $772.0K | -153.2% | -158.8% |
| Gross Margin | 31.4% | 31.6% | 34.2% | -0.2pp | -2.8pp |
| Net Margin | -0.7% | 1.0% | 4.3% | -1.7pp | -5.0pp |
| EPS (Diluted) | $-0.02 | $0.03 | $0.13 | -177.7% | -117.9% |
| Free Cash Flow | -$239.0K | -$5M | -$2M | 94.9% | 84.3% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$454.0K |
| Interest Income | $121.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $328.0K |
| INCOME BEFORE TAX | -$126.0K |
| Income Tax Expense | $178.0K |
| Net Income from Continuing Ops | -$304.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$304.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$304.0K |
| D&A | $792.0K |
| EBIT | -$126.0K |
| EBITDA | $666.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$304.0K |
| Depreciation & Amortization | $792.0K |
| Stock-Based Compensation | $230.0K |
| Deferred Income Tax | $97.0K |
| Other Non-Cash Items | $150.0K |
| Change in Working Capital | -$84.0K |
| OPERATING CASH FLOW | $881.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$770.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$759.0K |
| FREE CASH FLOW | -$239.0K |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $5M |
| Net Receivables | $22M |
| Inventory | $52M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $19M |
| Goodwill | $6M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $744.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $160M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $591.0K |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $281.0K |
| Other Non-Current Liabilities | $921.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $652.0K |
| Additional Paid-In Capital | $61M |
| Retained Earnings | $69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $133M |
| Minority Interest | $0 |
| TOTAL EQUITY | $133M |
| TOTAL LIABILITIES & EQUITY | $160M |
| Total Debt | $0 |
| Net Debt | -$48M |
